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Author Topic: How do you keep your bitcoins?  (Read 48734 times)
pkdas
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September 13, 2017, 11:44:43 AM
 #821

I prefer like to store my btc in a pendrive wallet... It is very much easy to use. I can easily use it anywhere over the world..I think this  is safe also.
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September 13, 2017, 11:55:36 AM
 #822

here the idea is diverse from any person actually for me i keep it on USD -t
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September 13, 2017, 12:18:44 PM
 #823

I keep my bitcoins using an online wallet.  Ever since I  joimed this forum I have been using online wallets but I think I will try online wallets because my friend told me that it is more secure and reliable.  I still remember when a certain online wallet site announced that there is going to be a problem with their site.

It caused stress to me because my bitcoins are stored in there.  Good thing,  I  was with my friend and he recommended to use offline wallets.

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September 13, 2017, 12:44:42 PM
 #824

I keep mine both in online wallet and on desktop wallet. I put few in online wallet so when I need it I don't have to install my wallet on my desktop.

When it comes to safety, that's what I am doing, I just install my wallet when I really need a bigger amount to cash out. I am also dividing my Bitcoins in different wallets, just for safety too.

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September 13, 2017, 12:48:55 PM
 #825

The best way to keep your bitcoins is in the hardware wallet.I have some of my bitcoins there and some of it is in the different legit bitcoin investing sites.You can also use the different offline wallets if you want for a better storing location.
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September 13, 2017, 02:30:26 PM
 #826

I have all my coins in on an online trading site (paxful) (low volume)

I plan on making a large investment very soon, and want to safely store all of my coins
I.E I basically want to drop a couple thousand, and keep them in the safest possible way, where I can revisit them in 5-10 years or so and reap the benefits, or cry about the loss.

What is the best way to do this, and what's the best way of ensuring a backup?

How do you currently store your coins

thanks in advance for any inputs

I keep my bitcoin through the use of coins.ph.Coins ph is an online  application in where you can store and keep your bitcoin You can make sure that yoir bitcoin is safe here and you can make sure that this application is legit.
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September 13, 2017, 02:51:19 PM
 #827

Until now I just use the wallet from coinbase and wallet from some exchanger, this is because I am active trading so I rely on wallet from exchanger like bittrex, mercatox and livecoin.



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TheGodFather
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September 13, 2017, 03:38:45 PM
 #828

for now my bitcoin i keep it to the trading site because i want to continue to grow up my bitcoin. but I need more information about this trading or what is legit site to trade my bitcoin for good profits to be satisfied with all received.
It could be the good way to use and keep your bitcoin but there are a lot of sites to keep bitcoin in try to use the well trusted site for me the best way to save your bitcoin is to divide your bitcoin In different places so that when one of those place will find closed we will use the other one in this case we have the back up so we will not loss our bitcoin at all.
i keep my bitcoin in my online wallet. i am holding it there, because when bitcoin price gets higher the amount of bitcoin in my wallet gets higher too, thats why i am very love to keep my bitcoin there, you should try it too and observe it. thats the only wallet that i trust because i think other wallets that is online is not good and the security isnt secured so try it and also a hardware wallet.
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September 13, 2017, 03:47:53 PM
 #829

investing heavily in altcoins is extremely risky. you know the bitcoin the main character of all coin. and I would like to advise you on the actual bitcoin that is worth your investment rather than altcoin. something can happen to the price altcoin down or lost so to minimize the things that happen like you should invest on bitcoin do not be afraid to be lost because it is all full of control.

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September 13, 2017, 08:25:39 PM
 #830

For example, I use an online wallet on the service apibtc.com, since there is no commission for personal use, instantaneous transactions and problems have never occurred to me. And for the API, commission only 0.5%
djgtr
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September 13, 2017, 08:40:01 PM
 #831

investing heavily in altcoins is extremely risky. you know the bitcoin the main character of all coin. and I would like to advise you on the actual bitcoin that is worth your investment rather than altcoin. something can happen to the price altcoin down or lost so to minimize the things that happen like you should invest on bitcoin do not be afraid to be lost because it is all full of control.
yes i agree keeping bitcoin trough investing is a great way to make some more bitcoin .because if you only keep it in a wallet maybe you can think to buy anything which is not verry important .so then i also suggest that we need to invest our bitcoin to have more profit in the near future than only keeping it .
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September 13, 2017, 11:42:14 PM
 #832

Basically, the reason of many small time traders why would they keep their coins in a trading site because of the fee. The fee was way too high for a small trader to move and move it always. So it's just okay, just make sure if you have made your volume high move it man. You'll never know when will this online wallet will shit you, so if you are planning to keep a couple of thousands for 5-10 years try using a paper wallet. Its just simple and easy to use so i think you wouldn't have a problem using it, partner it with electrum or other offline wallets. Then keep your private key or paper key in a safe place.
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September 14, 2017, 05:13:23 AM
 #833

Until now I just use the wallet from coinbase and wallet from some exchanger, this is because I am active trading so I rely on wallet from exchanger like bittrex, mercatox and livecoin.
So it depends on what platform you're aiming for. Hmm interesting, I've seen posts of people that they're using hardware wallet because of HODL for future value since its price is incremental. They're are avoiding online wallets or coin based because of scams or hacking possibilities. But then I've read your post and I was surprised, so it really does depends on the users perspective and on what platform you choose.

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September 14, 2017, 06:16:48 AM
 #834

Until now I just use the wallet from coinbase and wallet from some exchanger, this is because I am active trading so I rely on wallet from exchanger like bittrex, mercatox and livecoin.
So it depends on what platform you're aiming for. Hmm interesting, I've seen posts of people that they're using hardware wallet because of HODL for future value since its price is incremental. They're are avoiding online wallets or coin based because of scams or hacking possibilities. But then I've read your post and I was surprised, so it really does depends on the users perspective and on what platform you choose.
I think it depends on the application whether you're trying to save it or earn bitcoins with respect to the amount you are earning I guess. For me, I tend to keep my bitcoins in a cold storage so that it is hard for some people to really get my bitcoin, they have to be there physically and I think that's impossible.

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September 14, 2017, 06:47:49 AM
 #835

Until now I am still using online wallets and nothing goes wrong. It is the responsibility of the user on how he can make sure that his bitcoin is safe and secured. So always be aware on what you click and what site you visits. I am so curious how does hardware wallets  really works, I just knew it is expensive.

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September 14, 2017, 09:07:19 AM
 #836

In a wallet i like to use blockchain because last year my friends bitcoin got hacked and that is when he realized he needed a better wallet and that is when he chose blockchain and told me about

it and i use it too and there has never been any problem at all.
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September 14, 2017, 03:36:30 PM
 #837

how to store bitcoin it depends on each trader, if I store bitcoin simply by using a password that is not in the know crowd, because bitcoin can be made in money and can be taken at counter counter online, such as BANK
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September 14, 2017, 03:44:35 PM
 #838

never trust any online site,it may get banned any time and you might loose your money,rather than that use wallets like block chain and mycellium.
Btw i use mycellium,decent security and no server issues.  Embarrassed Lips sealed
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September 14, 2017, 11:16:42 PM
 #839

How do you currently store your coins

Nowadays, they can be safely stored for days or weeks just by spending them. Tongue Cheesy Huh

For now i keep bitcoin using etherwallet and i think it will safe to store my coin their, so i trust them for now to storing my coins. Soon i will get that coin to save it to the bank for the future purpose.

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September 15, 2017, 12:48:49 AM
 #840

Until now I just use the wallet from coinbase and wallet from some exchanger, this is because I am active trading so I rely on wallet from exchanger like bittrex, mercatox and livecoin.
So it depends on what platform you're aiming for. Hmm interesting, I've seen posts of people that they're using hardware wallet because of HODL for future value since its price is incremental. They're are avoiding online wallets or coin based because of scams or hacking possibilities. But then I've read your post and I was surprised, so it really does depends on the users perspective and on what platform you choose.
I think it depends on the application whether you're trying to save it or earn bitcoins with respect to the amount you are earning I guess. For me, I tend to keep my bitcoins in a cold storage so that it is hard for some people to really get my bitcoin, they have to be there physically and I think that's impossible.
because I'm not a person who wants to be too complicated, so I just use online wallet because it's more flexible because I'm also often outdoors to do activities so I have to use a flexible wallet. then I chose an online wallet and I think online wallet is pretty safe enough. I added authentication and until now I've never gotten a scam or a burglary
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